Daimler Truck Annual General Meeting 2022

Annual General Meeting 2022

At its first Annual General Meeting, Daimler Truck Holding AG reaffirms its claim to be the leading company in the transportation industry, driving the transformation of the industry and creating a sustainable added value for customers, shareholders and employees.

Daimler Truck Holding AG ("Daimler Truck") has successfully concluded its first Annual General Meeting as an independent, listed company. All resolutions proposed by the administration were accepted with a clear majority. The actions of the members of Daimler Truck’s Board of Management in the past financial year were ratified with 99.74% of the votes cast. The actions of the members of the Supervisory Board in the past financial year were ratified with 99.74% of the votes cast. As the term of office of the Supervisory Board ended at the end of this Annual General Meeting, the election of the shareholder representatives on the Supervisory Board was also on the agenda. All candidates proposed by the Supervisory Board were elected with a large majority. Joe Kaeser, who shall continue to chair the Supervisory Board of Daimler Truck, was re-elected with 98.86% of the votes cast. A total of 76.71% of the company's share capital was represented at this first Annual General Meeting.

Recording of opening speeches

Clear strategy: increase profitability and shape the transformation

In its first year of independence, despite major external uncertainty, the company continues to pursue its clear strategy to maximize its earnings potential in order to master the technological change toward emission-free, safer and automated driving.

As an independently listed company since December 2021, Daimler Truck can pursue the path to emission-free transport even more focused and agile. The aim is to accelerate the development of vehicles with battery and fuel cell based powertrains - under its own steam and with strategically chosen partnerships. As early as 2030, locally emission-free commercial vehicles are expected to account for up to 60% of Daimler Truck sales. From 2039 onwards, the company only wants to offer vehicles in North America, Europe and Japan that are CO2-neutral when driven.

Daimler Truck is one of the leading commercial vehicle manufacturers in the world. With an ambitious innovation strategy, the management team intends to continue shaping the transformation of the industry in the future. I was very impressed by the motivation and energy with which the international Daimler Truck team set out on its own entrepreneurial journey. The task now is to master the operational challenges of the present while keeping a firm eye on the opportunities for sustainable value creation in the future.
Joe Kaeser
Joe Kaeser Chairman of the Supervisory Board
Daimler Truck Holding AG's First Annual General Meeting (from left to right): Jochen Goetz, Martin Daum, Joe Kaeser
Daimler Truck Holding AG's First Annual General Meeting (from left to right): Jochen Goetz, Martin Daum, Joe Kaeser
We live in a time of highly diverse challenges that demand a lot from us all, due to: the COVID-19 pandemic, in which we must still be careful; the war in Ukraine with its serious consequences; and, last but not least, climate change -- which we must tackle together with full dedication. In times like these, acting responsibly is more important than ever. And taking responsibility has always been a part of the culture at Daimler Truck, in all of our teams around the world. This is exactly what Daimler Truck stands for. As an independent, listed company, our actions are both responsible and entrepreneurial. Our batteries are fully charged - and we will use this energy to the benefit of our customers, employees and shareholders.
Martin Daum
Martin Daum Chairman of the Board of Management

Positive development in FY 2021 and Q1 2022

In 2021, Daimler Truck successfully kept its focus on working to improve its overall profitability. With its approach to strict fixed cost discipline, the company achieved its financial targets for 2021. Despite ongoing supply chain restraints, Daimler Truck managed to continue the positive development from 2021 and started to the new year with growth in unit sales, revenue and EBIT (adjusted).

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